Up And Coming Industries For Small Businesses

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Launching and running a successful business today requires more than just the startup capital and professional experience required. An entrepreneur’s ability to succeed in a market depends on a number of other factors, such as the kind of industry invested in. Different industries have different levels of potential and advantage. Here are three potential industries that small business owners should consider to venture in.

The cannabidiol Industry
The broad cannabidiol industry explores the natural therapeutic components of cannabis. The industry has received a huge boost in various countries in the West, including the US and Canada. The increased adoption and legalization of cannabis in the US, as well as the national legalization of its consumption in Canada, has opened new business opportunities.

Besides, the pharmaceutical components of cannabis, investors in this industry can also consider additional areas, such as developing snacks, ice cream, cocktails, yogurt, salad dressings, and even other recipes that include CBD components and ingredients.

Baby Technology
The need to raise and rear children well for the optimal physiological and therapeutic benefit has led to increased innovation on baby technology. This industry is quite promising, especially in developed countries, where startups focus on developing various tech-mediated solutions capable of tracking infant’s progress when playing, breastfeeding, and sleeping.

The increased demand for this product, and the need to penetrate the market as deeply as possible make the industry quite promising as far as the potential to offer returns is concerned. With innovation fueling the developments evidenced in the industry so far, it is projected that any new tech innovation is highly likely to gain favor with customers. The baby tech industry is expected to grow in market value to reach revenues of up to $9.7 billion in the next three years.

Personalized Nutrition
Nutrition has remained one of the consistent elements of great concern in every person’s life today. The nutrition industry is expected to receive much focus with an emphasis on ensuring personalization and customization of food for optimal individual gain. Developments in this industry are expected to focus on important areas, such as the customization of foods to eat, personal needs, such as allergy, nutritional requirements, and lifestyle requirements. Venturing in this industry can offer substantial returns, especially due to the existing high volume of demand.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, and Forbes.

Follow Yuri Vanetik On Twitter.

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How Non-Profit Organizations Can Use Social Media

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Non-profit organizations play a huge role in enhancing social-economic equality in society by focusing on helping persons in need. The past decade has seen an increased non-profit organization activity in championing charitable projects in society. The increased demand for these organizations to partner with the public has led to the strategic utilization of social media platforms for communication and engagement purposes. Here are some ways on how non-profit organizations can use social media today.

Public Engagement
Non-profit organizations have an opportunity to use the diverse networks of social media to create posts for public engagement purposes. These organizations can post interactive content relating to relevant topics as regards their areas of focus. With the current global penetration of social media usage, posting such content becomes an easy way to reach out and inform members of the public.

Extending The Reach
Non-profit organizations can also use social media to extend their reach within the public. In this regard, creating relevant content and promoting it using the relevant social media features, such as sponsored posts and hashtags, helps get the word out there to a huge portion of social media users. This is particularly relevant in situations where the non-profit organization intends to win the interest of the public regarding a given topic.

Driving Web Traffic
Social media is always a great opportunity to help a non-profit organization increase its web traffic. This can be achieved by the organization posting snippets of information, which can then refer users to click on the organization’s web link. The web traffic generated in that regard can help the non-profit organization to achieve even deeper market penetration and thus support.

Rallying For Support
Non-profit organizations rely on well-wishers’ contributions for them to thrive. To raise the required capital for operational purposes, these organizations rely on raising as much awareness as possible to members of the public. Creating social media posts enables non-profit organizations to argue their point out, and thus make an appeal for donations.

Public Accountability
Donors to non-profit organizations often need to see how their funds are being utilized. There is no better way for organizations to achieve this than using social media as a platform to post updates regarding the progress of completion of charity projects. Updating members of the public is a good incentive that can encourage more persons to give to charity.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, and Forbes.

Follow Yuri Vanetik On Twitter.

How Education in the United States Compares to Education Worldwide

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Student loan debt is an American crisis, but the education system as a whole may be questionable and far behind the rest of the world. The United States is one of the most unique countries in the world, and its population size, geographical variation, and job market requires a set of skills and learning that significantly differs from other countries.

The U.S. Teaching Approach
There are many different teaching models in existence, and although teachers have their own style in the classroom, a nationwide curriculum favors a progressive approach.

Progressivism encourages students to learn as much as they can on their own through structured environments. By learning how to acquire, interpret, and store knowledge through their unique learning style, students develop independence and critical thinking skills that will benefit them far beyond the classroom.

However, stories from two foreign countries suggest that there may be a benefit in relying on a more traditional approach of explicit instruction.

Explicit instruction is the preferred teaching approach that has an extensive history and has proven beneficial for generations. Every teacher provides direct education to some degree, but the greatest difference lies between the balance of instructor-led education and student-based learning. 

Katharine Birbalsingh, the founder of the Michaela Community School in England, praises explicit instruction. There are progressive elements involved in the Michaela curriculum, such as self-quizzing and memorization of historical dates, but the bulk of students’ education comes from direct instruction.

The Michaela school also imposes a strict disciplinary environment; students are corrected for any form of disrespectful behavior, including eye-rolling and turning around too frequently during classroom instruction. 

Although it may seem harsh, test scores reveal that the majority of Michaela students, most of whom are low-income, scored significantly higher than students nationwide. 

Fewer Tests, Greater Instructor Independence
In 2016, Finland adopted a new core curriculum that decentralized the education system and gave teachers greater liberty at how to teach their students. Rather than focusing on subject material and teacher-led lectures, Finnish students are encouraged to keep track of their own learning schedule. Even elementary school students are instructed to keep a weekly calendar and track their assignment deadlines.

Some parents found the system too student-driven as some students struggled to handle the additional responsibility. For students with learning difficulties, this level of freedom could ultimately lead to a negative impact on self-esteem. 

What lessons can the United States learn from these schools? Progressivism is beneficial, but it has to be regulated to a degree. Explicit instruction and regulation may be more advantageous in particular age groups and schools, while other students might do well with a more relaxed approach.

Teachers must begin to deviate strictly from pedagogical theory and start to make their own style; as they begin to respond directly to their students’ needs and match their level of inclusion to individual learning styles, greater autonomy, and thinking skills can be inherited along with general education.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Entrepreneur.

Follow Yuri Vanetik On Twitter.

An Introduction To Impact Investing

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When you take a look at investing, every investment has an impact on the community in which that community operates. By investing in a business, you’re lending your financial support to that business, so it can grow, create jobs, and benefit the neighborhoods in which it operates. Impact investing takes that one step further by allowing investors to target businesses that take action in improving the big three: environmental, social, and governance (ESG). Investors take action by avoiding companies that don’t act to affect one of these three concerns, or, more commonly, dedicate their capital to invest in companies that take an active interest in bettering one of these areas.

How Does Impact Investing Work?
Traditional investors research the financial history of a business and try to predict future performance by evaluating the most recent activity. If their research suggests the company will grow and continue to profit, they will buy stocks in the company. Impact investing works similarly, except that financial research isn’t the only consideration. In addition to determining if the business is likely to show profits, an impact investor will also look at the business’ social, environmental, or political activism. For example, an impact investor with an interest in promoting gender equality might only invest in companies that promote a larger percentage of women.

The Importance of Impact Investing
This type of specialized investing came about as a means of influencing how businesses operate on a day to day basis. As more people pursue impact investing, their dollars express their concerns for specific issues. By being more selective in choosing the stocks they buy, they can show business leaders that they want to see more concern for the environment and wildlife. It’s also a good way to promote greater workplace equality. Even though the government may not enact laws that force businesses to act for the betterment of our environment or society, impact investors can force those businesses to enact change.

While impact investing is a fairly new concept, it’s growing rapidly. Between 2013 and 2017, the practice grew by five times, which suggests investors of all ages took an interest in ESG stocks. That momentum indicates that this trend is likely to continue to gain support and may direct the activities of younger investors. In time, impact investing may carry more weight than a democratic vote in terms of forcing commercial organizations to change their harmful or outdated practices.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Entrepreneur.

Follow Yuri Vanetik On Twitter.

Financial Tips To Save For The Holidays

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The holidays are a very special time for people around the world. The holidays are the perfect time to show appreciation to your family and friends. A great way to do this is by getting everyone important in your life a special gift. Unfortunately, this can completely wreck the budget if you are not properly prepared. Here are four financial tips to help you save for the holidays. 

Start the Process Early
The holiday season is the same time every year, so it should not sneak up on anyone. The potential financial burden can easily be avoided by planning, saving, and shopping as early as possible. Buying one gift after every paycheck is a great way to get all of the gifts without having to put out a lot of money at one time. The end of summer is the perfect time to start planning for the holidays.

Splurge Less Often
The holidays are all about showing your appreciation for others. If you are struggling with money, then you may have to make a few selfless sacrifices in order to make it happen. A great way to save for the holidays is by spending less money on yourself. Making coffee and lunch at home instead of going out will help you save hundreds of dollars over the course of a few months.

Shop the Sales
The last few months of the year are the busiest shopping times of the year. This forces stores to compete for business by offering sales on popular items. Take advantage of these holiday sales to save some money. The person receiving the gift will not know or care that their present was bought using a discount. It is much easier to shop the sales if you know exactly what you want to get all of your friends and family members.

Stick to Unconventional Gifts
There are plenty of ways to show your love during the holidays without buying an expensive gift. A heartfelt handmade gift will likely be cherished more than something that can be purchased at a store. If you do not have the ability to make something crafty, then you can always honor your loved ones by making dinner or participating in their favorite hobbies with them.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Entrepreneur.

Follow Yuri Vanetik On Twitter.

Why Is Technology so Important for Entrepreneurship?

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The success of any entrepreneurial investment depends on multiple factors. Technology happens to be one of the critical enablers of successful entrepreneurship. Virtually every industry depends on multiple forms of technologies to facilitate different functions. Every entrepreneur, therefore, must invest in the appropriate piece of technology to realize different levels of expedited performance.

Communication
Business owners must invest in the latest communication technologies facilitate the efficient flow of information. In the dynamic world of business, communication technology facilitates the ability of workers to share data beyond the barrier of distance. Setting up virtual workspaces across the cloud enables workers to work remotely from home and share data at the click of a button. Additional communication tech tools, such as video conferencing technology, allows business owners to attend meetings remotely.

Operational Efficiency
Some communication technologies are designed to enable businesses to achieve operational efficiency. Businesses investing in manufacturing and inventory-related operations stand to benefit heavily from the related tech tools. Robotic systems, for example, can efficiently perform repetitive tasks in manufacturing warehouses with great efficiency and precision.

Businesses stand to benefit by heavily cutting on costs that would have gone into hiring human labor. Then the concept of warehouse inventory management can also be managed autonomously, where machines keep track of the flow of items in an integrated supply chain system.

Research and Development
Different industries can apply technology to research different aspects of related operations. Companies can effectively analyze data and come up with suitable trends that define the flow of a market. Such data can then be used to simulate different kinds of business inputs which ensure the best products for the business. For example, sales and marketing research can be conducted through online surveys and the data thereof used to advise the company on the best way forward. The existence of the internet facilitates the sharing of such data, which other businesses can use as case studies.

Security
Technology has much to offer in helping solve some of the common challenges that entrepreneurs and companies face relating to security. Security devices have the ability to detect analyze and prevent vandalism of business premises. Electronic security systems, on the other hand, work towards protecting business data from cyber theft. In general, security plays a major role in helping to keep companies’ ideas, private and confidential.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Entrepreneur.

Follow Yuri Vanetik On Twitter.

Free Online Finance Programs For Beginners

Free Online Finance Programs For Beginners

Developing financial discipline, especially when it comes to budgeting and expenditure, is a crucial personal attribute that gives you the necessary level of financial integrity. To help you master the basics of personal financial budgeting, numerous budgeting and financial management software are now available online. Here are the five main personal finance software available online.

Mint
Mint is a popular personal budgeting and expense tracking software that is available in various options, including mobile app and computer program. The software enables you to track your bank account and credit card information from where to analyze your spending behaviors. It also provides you with an opportunity to boost your accountability as far as personal spending is concerned. Mint also has additional features, such as bill tracking which enables you to pay personal bills on time.

Quicken
Quicken is another established personal finance software that allows you to set financial goals, create budgets, and track your expenses. It even has an option to coach you when it comes to the area of financial accountability and setting of financial objectives. The software also has an extension where you can manage your personal as well as business expenses at the touch of a button.

Intuit Turbotax
This software enables you to manage your finances throughout the year. Turbotax comes in handy when managing your taxations and preparing to file your tax returns. The consumer-friendly software walks you through the tax preparation process is relatively short and straightforward steps. It even has an option of uploading the W-2 information, among other tax forms, thus making it easy to process your tax returns.

Future Advisor
The Future Advisor software is a financial advisor program that provides personalized recommendations when it comes to creating and managing an investment portfolio. There even exists a Robo-advisor version of the Future Advisor software that gives you an automated, comprehensive portfolio management option.

Personal Capital
The Personal Capital software allows you to manage all your financial accounts, including bank accounts and credit cards, on a single platform. The software allows you to create a comprehensive financial picture of all your finances, including debt and assets in the form of capital, at a glance. It allows you to make informed decisions and track your finances and investments from a central place.

About The Author
Yuri Vanetik is an Entrepreneur, Business & Finance Expert, Political Coalition Builder, and Philanthropist. He brings over 25 years of professional experience across a wide range of industries, and has become known as a leader for his entrepreneurial spirit. Yuri Vanetik has been featured in notable publications, including the Wall Street Journal, California Business Journal, Forbes, and Entrepreneur.

Follow Yuri Vanetik On Twitter.